LYC 2.09% $6.36 lynas rare earths limited

Wow--concerning., page-118

  1. 5,541 Posts.
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    Depression is a certainty imo, with this deep fracturing of global economies, both supply and demand being devastated, a dramatic increase in unemployment, distressed mortgages/foreclosures, property market collapse, stressed banks, and money printing like you have never seen before diluting cash in the extreme.
    This could easily eclipse the great depression in magnitude, be very wary of the dead cat, this thing is going south for a good while.
    Critical metals are actually not so critical at this juncture.
    Take care of your loved ones and ensure you have some funds to get through, it's going to be a very difficult period.
    China are showing us signs of some semblance of return but firstly, we have not handled this like China and secondly China has not always been honest. They may have simply realised that if they dont get back to work the social unravelling would be far worse than the virus.
    Second wave appears to be hitting Asia now.
    The USA could be a very different beast to control as its numbers are now going viral.

 
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